Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$380,605Cash toward the purchase price.
Closing costs + prepaids$13,427Not just lender fees.
Before credits & paid funds$394,032The complete starting cash picture.
Estimated remaining funds due at closing
$394,032No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$380,604.89
Your down payment$380,604.89
Closing costs + prepaids$13,427.19
Total buyer cash needed$394,032.08
Remaining funds due$394,032.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$731.25
Prepaid interest, first (16 days)$370.94
Fees + prepaids$13,427.19
Your down payment is the seller’s equity. You take over the $204,395 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $394,032.08 is due at closing. Uses and sources reconcile at $598,427.19 each. Not a Closing Disclosure.